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Upcoming thematic review in Hong Kong spurs overhaul of PB recording for bespoke deals

The upcoming thematic review on spread charges and fee disclosure will accelerate private banks’ record-keeping overhaul in customised trading agreements. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) announced the commencement of a concurrent thematic review in the second half of this year to assess how intermediaries process spread charges and their disclosure of trading…

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